Down side of GOLD will be ended somewhere arond 1271.5

8 Kas 2016

Since the pattern is FLAT, the third leg has 5 sub divided waves. This normally requires 161.8% of fibs expansion to end. (or 1.681AB=CD)

SO there're some pips to short, then long after in bounce back from 1271.6 (price might be a slighthly difference among different providers)